130Dealing with property

130 Dealing with property

[Section 130 Inserted by No. 60 of 2013, s. 12, Applied:01 Mar 2014]

(1)  In addition to section 7 , a reference in this Part to dealing with property includes a reference to doing or attempting to do any of the following:

(a) sell the property or give it away;

(b) dispose of the property in any other way;

(c) move or exhaust the property;

(d) accept the property as a gift;

(e) take any profit, benefit or proceeds from the property;

(f) create, increase or alter any legal or equitable right or obligation in relation to the property;

(g) effect a change in the effective control of the property.

(2)  In subsection (1) , a reference to dealing with property does not include reasonable and necessary use for the ordinary daily requirements of living.